The purpose of KŪB „Smart Energy Fund powered by Ignitis Group“ is to finance the development of solutions for start-ups and early-stage companies in Lithuania, the European Economic Area and Israel, and to create financial returns for investors through income and capital gains. The Fund plans to invest about 2 million euros each year to start-ups developing energy solutions. Fund invests in start-ups developing new technologies in energy and electric mobility, which can also be applied in the activities of Ignitis Group.
In 2017, Contrarian Ventures I by public choice was elected as the manager of KŪB „Smart Energy Fund powered by Ignitis Group“. 98.3% of the Fund shares are managed by Ignitis Group and the rest – by Contrarian Ventures I.
You can find more information about the Fund, its establishment and the investment areas in the attached document.
More information
Portfolio of KŪB „Smart Energy Fund powered by Ignitis Group“
KŪB „Smart Energy Fund powered by Ignitis Group“ invests in start-ups globally. Meet our partners!
2018 report (I half of the year)
2018 report (II half of the year)
2019 report (I half of the year)
2019 report (II half of the year)
2020 report (I half of the year)
2020 report (II half of the year)
2021 report (I half of the year)
2021 report (II half of the year)
2022 report (I half of the year)
2022 report (II half of the year)